secwatch / observer
8-K filed March 1, 2023, 6:59 PM ET ticker SO CIK 0000092122
debt confidence high sentiment neutral materiality 0.60

SOUTHERN CO (SO): debt financing — Southern Company issues $1.725B of 3.875% Convertible Senior Notes due 2025

SOUTHERN CO

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SOUTHERN CO incurred convertible notes of $225,000,000 aggregate principal amount with Computershare Trust Company, N.A. at 3.875% maturing December 15, 2025.

Instrument
convertible notes
Principal
$225,000,000 aggregate principal amount
Counterparty
Computershare Trust Company, N.A.
Rate
3.875%
Maturity
December 15, 2025
Event
incurrence
Exact text from the filing
On March 1, 2023, the Company issued an additional $225,000,000 aggregate principal amount of the Series 2023A Convertible Senior Notes upon the exercise by the Initial Purchasers of their over-allotment option.
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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SOUTHERN CO incurred convertible notes of $1,500,000,000 aggregate principal amount with Computershare Trust Company, N.A. at 3.875% maturing December 15, 2025.

Instrument
convertible notes
Principal
$1,500,000,000 aggregate principal amount
Counterparty
Computershare Trust Company, N.A.
Rate
3.875%
Maturity
December 15, 2025
Event
incurrence
Exact text from the filing
On February 28, 2023, The Southern Company (the “Company”) issued $1,500,000,000 aggregate principal amount of its Series 2023A 3.875% Convertible Senior Notes due December 15, 2025 (the “Series 2023A Convertible Senior Notes”) pursuant to the Senior Note Indenture (the “Senior Note Indenture”) dated as of January 1, 2007, as supplemented and amended, including by a Twenty-Seventh Supplemental Indenture (the “Twenty-Seventh Supplemental Indenture”) dated as of February 28, 2023 (the Senior Note Indenture, as so supplemented and amended, the “Indenture”), between the Company and Computershare Trust Company, N.A., as successor trustee (the “Trustee”).
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7 debt financings filed in the last 30 days. Browse all debt financings →

SOUTHERN CO filing history →

Source: SEC EDGAR
accession 0000092122-23-000022
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